WealthPLAN Partners LLC Acquires 3,161 Shares of SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG)

WealthPLAN Partners LLC grew its holdings in SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG) by 61.6% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 8,290 shares of the company’s stock after purchasing an additional 3,161 shares during the quarter. WealthPLAN Partners LLC’s holdings in SPDR S&P 400 Mid CapGrowth ETF were worth $697,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. True Vision MN LLC purchased a new position in SPDR S&P 400 Mid CapGrowth ETF in the fourth quarter valued at about $294,000. CreativeOne Wealth LLC purchased a new position in shares of SPDR S&P 400 Mid CapGrowth ETF in the 1st quarter worth approximately $254,000. Park Avenue Securities LLC raised its stake in shares of SPDR S&P 400 Mid CapGrowth ETF by 70.6% during the 1st quarter. Park Avenue Securities LLC now owns 22,905 shares of the company’s stock worth $1,999,000 after acquiring an additional 9,479 shares in the last quarter. Cooper Financial Group raised its stake in shares of SPDR S&P 400 Mid CapGrowth ETF by 1.2% during the 1st quarter. Cooper Financial Group now owns 25,923 shares of the company’s stock worth $2,263,000 after acquiring an additional 315 shares in the last quarter. Finally, RFG Advisory LLC purchased a new stake in SPDR S&P 400 Mid CapGrowth ETF during the first quarter valued at approximately $218,000.

SPDR S&P 400 Mid CapGrowth ETF Trading Up 0.6 %

NYSEARCA MDYG opened at $86.61 on Wednesday. The firm’s fifty day simple moving average is $85.25 and its two-hundred day simple moving average is $84.82. The firm has a market capitalization of $3.07 billion, a P/E ratio of 18.50 and a beta of 1.09. SPDR S&P 400 Mid CapGrowth ETF has a 12-month low of $64.67 and a 12-month high of $89.30.

SPDR S&P 400 Mid CapGrowth ETF Profile

SPDR S&P 400 Mid Cap Growth ETF, before expenses, seeks to closely match the returns and characteristics of the S&P Mid Cap 400 Growth Index. The S&P MidCap 400 Growth Index measures the performance of the mid-capitalization growth sector in the United States equity market. The Index consists of those stocks in the S&P MidCap 400 Index exhibiting the strongest growth characteristics based on: sales growth; earnings change to price, and momentum.